Tuesday, February 7, 2023
HomeWealth ManagementRBC division going through $800-million class-action lawsuit

RBC division going through $800-million class-action lawsuit


In Ontario, an worker has two avenues for bringing claims regarding alleged breaches of the Employment Requirements Act, 2000 (ESA), together with an alleged failure to pay wages or a wrongful dismissal declare, based on one authorized knowledgeable.

Claims of underpayment

Within the lawsuit, Leigh Cunningham – a former RBC Dominion Securities (RBC DC) funding advisor who earned fee funds – claims that the employer improperly underpaid commissioned funding advisors and their associates and assistants.

That apparently occurred when the corporate didn’t pay extra trip and statutory vacation pay on prime of their commissions or variable earnings, she says.

Provincial laws requires employers to pay trip and public vacation pay on all wages earned, together with variable earnings corresponding to commissions. Employers are additionally required to document and report the calculation and cost of trip and public vacation pay for workers, notes legislation agency Cavalluzzo.

The Ontario Superior Courtroom of Justice launched a call certifying the lawsuit as a category continuing on Dec. 29, 2022.

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